The Financial Crisis Inquiry Commission released its 600-page-plus assessment of what caused the 2008 market debacle to little fanfare Thursday morning. The findings in the politically divided report range from the obvious to the oblivious while failing to shed new … Read more
Leave a CommentJanuary 2011
Having trouble sleeping? Here’s a surefire cure: Crack open your average compensation discussion and analysis (CD&A) section from any U.S. company’s 2010 proxy statement, and begin trudging through the obtuse legalese that describes how that company decided to pay its … Read more
Leave a CommentRaghuram G. Rajan, annual conference speaker and professor at the University of Chicago Booth School of Business, has sparked discussion with his book, Fault Lines: How Hidden Fractures Still Threaten the World Economy. Was increased inequality — and the political response … Read more
Leave a CommentAccording to a recent Towers Watson survey of 135 U.S. publicly traded companies, 51 percent expect to hold annual “say-on-pay” votes, while 39 percent prefer a vote every three years and 10 percent anticipate biennial votes. Interestingly, nearly half of … Read more
Leave a CommentAfter months of anticipation, staff of the U.S. Securities and Exchange Commission (SEC) released their long-awaited study of the obligations of those who provide investment advice to retail investors, as mandated by the Dodd–Frank Wall Street Reform and Consumer Protection … Read more
Leave a CommentYale Law Professor Jonathan Macey’s tired lament in the Wall Street Journal about his perceived shortcomings of U.S. financial regulation is, well, tiresome. If you will recall, this was the mantra du jour leading up to the financial crisis — … Read more
Leave a CommentEarlier this month, Citi chief economist Willem Buiter, an annual conference speaker, issued a research memo about the euro zone debt crisis. Buiter’s memo warns that while the U.S.-led rise in global bond yields has commanded the attention of the … Read more
Leave a CommentI had the privilege on Thursday of being in the audience in Toronto at the Canadian Club’s luncheon speaker presentation, in which Margaret Franklin, CFA, chair of the CFA Institute Board of Governors, gave a candid assessment of investor distrust … Read more
Leave a CommentJim Rogers is an author, financial commentator, and international investor who has set three Guinness World Records. Read more
Leave a CommentAs I wrap up meetings with CFA Institute members here in India, many of my conversations have centered around investor trust and confidence in capital markets. This is especially apt given the local headlines about the fraud allegedly carried out … Read more
Leave a Comment